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The Swift Fall of Karma Prop Traders

The Swift Fall of Karma Prop Traders

The rapid demise of Karma, a prop trading firm that collapsed just weeks after significant updates, underscores the challenges and fundamental flaws within the proprietary trading industry, highlighting a broader trend of closures and sustainability issues.

News 2024-08-15 17:54
How Does CFD Trading Differ from Forex and Other Markets?

How Does CFD Trading Differ from Forex and Other Markets?

Learn about CFD and Forex trading, their key differences, and the pros and cons of these trading instruments to enhance your strategies in the financial markets.

News 2024-08-15 17:52

What are the 10 drugs negotiated by Medicare?

The Biden-Harris administration reached an agreement to cut the costs of 10 drugs for Medicare users.

Industry 2024-08-15 17:11
PH Financial Sector Grows to P32.3T, Up 10.5% in June

PH Financial Sector Grows to P32.3T, Up 10.5% in June

The Philippine financial sector expanded by 10.5% in June, reaching P32.3 trillion. Bank resources surged, while positive earnings drove stock market gains.

News 2024-08-15 15:22
Celebrity Involvement in the OmegaPro Scam: Football Stars and Hollywood Icons Entangled

Celebrity Involvement in the OmegaPro Scam: Football Stars and Hollywood Icons Entangled

The OmegaPro scam, one of the most extensive financial frauds in recent history, has implicated not only its founders but also several high-profile celebrities, including renowned football players and Hollywood stars.

Exposure 2024-08-15 15:05
US Inflation Cools, But Economic Pressures Still Remain

US Inflation Cools, But Economic Pressures Still Remain

Inflation shows signs of cooling in the U.S., but persistent economic pressures, particularly housing and utilities, continue to challenge growth.

News 2024-08-15 13:43

Gold (XAU/USD) – Repeated Attempts at a Fresh All-Time High, US Retail Sales Weigh

Gold continues to test, and reject, its previous all-time high at $2,485/oz. and a break higher is being pared by a strong US retail sales report

Industry 2024-08-15 13:17
Binance Fined $1.75M in Brazil for Violating Derivatives Ban

Binance Fined $1.75M in Brazil for Violating Derivatives Ban

Binance agrees to pay $1.75 million fine to Brazil's CVM for offering unauthorized derivatives. The settlement highlights Binance's ongoing regulatory compliance efforts.

News 2024-08-15 11:33

Nasdaq 100, Dow and Nikkei 225 Continue to Head Higher

Indices are still recovering some of their recent losses, with the Dow back above 40,000 and the Nikkei 225 now back to its 2 August opening level.

Industry 2024-08-15 11:00
WikiFX Broker Assessment Series | Is IC Markets Global Reliable?

WikiFX Broker Assessment Series | Is IC Markets Global Reliable?

IC Markets Global is an Australian online forex broker that provides traders access to the global financial markets. WikiFX has made a comprehensive review of this broker by analyzing its regulations, specific information, etc. so that you have a deep understanding of this broker. In the back of the article we arranged a few small questions, each answer to the chance to win a bonus.

News 2024-08-15 09:30
OneStepFix Review: Check Is it a scam or legit?

OneStepFix Review: Check Is it a scam or legit?

OneStepFix is a financial trading platform based in the United Arab Emirates, founded in 2023. Although unregulated, it offers a broad range of trading options including Forex, commodities, spot metals, futures, spot indices, and shares.

Exposure 2024-08-14 19:01
ZERO Markets Becomes Official Trading Partner of Wolverhampton Wolves Ahead of 2024/25 EPL Season

ZERO Markets Becomes Official Trading Partner of Wolverhampton Wolves Ahead of 2024/25 EPL Season

ZERO Markets, a leading Australia-based Retail FX and CFDs broker, has been named the official trading partner of Wolverhampton Wanderers FC, popularly known as the Wolves. The announcement comes just days before the Wolves' 2024/25 English Premier League (EPL) season opener against Arsenal.

News 2024-08-14 18:49
OmegaPro Forex Scam Founder Arrested in Turkey: The Fall of Andreas Szakacs

OmegaPro Forex Scam Founder Arrested in Turkey: The Fall of Andreas Szakacs

Turkish authorities have arrested Andreas Szakacs, the co-founder of OmegaPro, one of the world’s largest and most infamous online multi-level marketing (MLM) scams. Szakacs, who had been on the run since November 2022, was apprehended after a years-long international manhunt. His arrest marks a pivotal moment in the pursuit of justice for the millions of investors defrauded by the OmegaPro scam.

News 2024-08-14 18:45
Trading Pitfalls: What Actions Could Get Retail Traders Banned or Fined?

Trading Pitfalls: What Actions Could Get Retail Traders Banned or Fined?

Disruptive trading practices that can get retail traders banned or fined.

News 2024-08-14 18:26
Beware of XTB  Clone

Beware of XTB  Clone

ALL INVESTORS AND TRADERS PAY ATTENTION! The Financial Conduct Authority (FCA) issued a warning, stating that a clone of the XTB broker is operating in the market and using authentic details of registered organizations, such as email addresses, phone numbers, postal addresses, and firm reference numbers.

Exposure 2024-08-14 18:12
Top 5 Proven Risk Management Strategies for Traders

Top 5 Proven Risk Management Strategies for Traders

Learn the top 5 risk management strategies to minimize losses and maximize returns in trading. Essential tips for consistent and sustainable trading success.

News 2024-08-14 18:01
GCash May Enter the Digital Bank Race in the Philippines

GCash May Enter the Digital Bank Race in the Philippines

GCash considers a digital bank license in the Philippines as BSP lifts the moratorium, paving the way for potential expansion and competition in the digital banking sector.

News 2024-08-14 16:15
Forex Trading Linked to Murder: Investigation Unfolds in Malaysia

Forex Trading Linked to Murder: Investigation Unfolds in Malaysia

A murder case in Malaysia has taken a dark turn with revelations that the prime suspect, an ex-classmate of the victim, was involved in forex trading, potentially linking financial stress to the gruesome crime.

News 2024-08-14 16:07
Lawsuit Against Binance.US Over HEX Token Manipulation Revived

Lawsuit Against Binance.US Over HEX Token Manipulation Revived

A U.S. appeals court has revived a class-action lawsuit against Binance.US, which accuses the cryptocurrency exchange of manipulating the HEX token’s price, reopening a legal battle involving significant financial claims and regulatory scrutiny.

News 2024-08-14 16:03
Public Launches Bond Account with Yields Up to 7.3%

Public Launches Bond Account with Yields Up to 7.3%

Public launches a new bond account offering yields up to 7.3%, providing an accessible way for investors to diversify their portfolios with corporate bonds.

News 2024-08-14 15:05
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